X-CHANGE - Becoming an Investor

Discussion in 'X-CHANGE' started by CCRevolution, Nov 11, 2017.

  1. CCRevolution

    CCRevolution Administrator Staff Member

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    STATIC owners are the ONLY people who will be able to participate as investors of X-CHANGE.

    The current expected method will be as follows, using XFUEL as an example:

    Anyone wanting to earn exchange transaction/trade fees on X-CHANGE must make a deposit of the coin they wish to support. Below is an example of how this will occur (note that these are not official numbers, it's just a sample to help with understanding, and later we will determine the actual requirements):
    • Minimum 10,000 XFUEL
    • Maximum 100,000 XFUEL

    If you have deposited 100,000 XFUEL and the total deposit is 10 million, you are entitled to 1% of the transaction fees.

    Then, as each coin pair is added, similar deposit option will be made available and each STATIC owner can choose which coins they wish to support.
     
    Last edited: Nov 16, 2017
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  2. cau

    cau Member

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    So this X-Fuel deposit count (1000 to 10000) is inclusive of the static node count or exclusive and need to be separate count?
     
  3. Shixy

    Shixy Member

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    Is it 1% of the overall transaction fees on X-Change or the amount on XFUEL?
     
  4. CCRevolution

    CCRevolution Administrator Staff Member

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    (note that these are not official numbers, it's just a sample to help with understanding, and later we will determine the actual requirements)
     
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  5. CCRevolution

    CCRevolution Administrator Staff Member

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    Supporting X-CHANGE as a STATIC owner will be no different than supporting any other module. The difference is earning the actual trade fees, as though you are an "exchange owner". Therefore, becoming involved with this will require a separate deposit of each coin an individual wishes to support on the X-CHANGE.

    The reason for this deposit is liquidity of the trade coins. Without liquidity, making an exchange is not possible.
     
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  6. ThatHustlenCheat

    ThatHustlenCheat New Member

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    Nice this is very interesting!
     
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  7. CoingetterD

    CoingetterD Member

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    I am really digging this even with just examples it sound like many winners are gonna be winning with static nodes
     
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  8. Dirty_Punk

    Dirty_Punk Member

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    So the reward will be always in XFuel or for example if XBY/XRP exchange will be listed and I deposit XRP my reward will be in XRP?
     
  9. Seb59

    Seb59 Member

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    No in XRP I believe ...
     
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  10. Dirty_Punk

    Dirty_Punk Member

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    my doubt is if the fee for the transaction will be in the selling coin, probably the reward will be part of this fee... or not?
     
  11. Seb59

    Seb59 Member

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    No in XRP I belie
    Yes, a % of what you hold / total holded by all static
     
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  12. Seb59

    Seb59 Member

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    In this moment I wish I had more BTC !!!
     
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  13. Dirty_Punk

    Dirty_Punk Member

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    in everey moment I wish to had more BTC... but I have decided to not invest in BTC, because it was the first (and many thanks to it) but it is also the less interesting project in the market... IOTA in the last weeks is doing very well (+60% and more), and finally I have a little of earning from it (that will not be earnings until I sell) and it is the first crypto investment I have done with the green + flag... not so lucky in entering on crypto world on second half of August :pensive:
     
  14. cryptokingbyte

    cryptokingbyte Member

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    this is interesting i hope i can get enough
     
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  15. Silvercaveman

    Silvercaveman Member

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    It's taken me some time to get around to reading all the different elements you guys are working on, I'm loving the potential for this whole project and looking forward to getting involved in more ways than just buying and holding :)
     
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  16. Silvercaveman

    Silvercaveman Member

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    I just had a thought, based on your example above... if there is a maximum investment in a project of 100k xfuel, would it be possible to do this multiple times per person if you were to own multiple STATIC nodes? And would it be scaled based on whether you had level 1, 2 or 3 nodes? I know you haven't figured out all the exact details...
     
  17. Marcus

    Marcus Member

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    Win or win for every user. I really like this.
     
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